Although I didn’t specify it in the early post today, those interested in the AAPL long could certainly take an initial position on a break above the lower wedge trendline. In fact, the stock is moving up sharply as I type so by the time this post is made, it will have taken out that level. The “full position” trigger would still be above the white downtrend line to help avoid a pre-mature entry. Here’s an updated zoomed-in version of that previous 4 hour chart.
